BOOTH WELSH AUTOMATION LIMITED
📈Growthactive
02374159 · ltd · incorporated 1989-04-20
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
Investor take
PursueLeverage-led grower. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
18 live charges · 13 lenders · oldest 36.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 36.2 years old — likely at or near maturity.
- · 13 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
28 officers (4 active, 28 linked, 23 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
192 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,827,060
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Profit before tax | £1.83M | £569.0k |
| Average employees | 169 | 17300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 2 mortgage
- • 1 accounts
Last 180 days
3
filings
- • 2 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (103 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2026-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-11🔒Charge registered #18Lender: Cynergy Business Finance Limited
- 2026-02-11🔒Charge registered #17Lender: Cynergy Business Finance Limited
- 2025-03-07📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-04➕ARMOUR, David John appointeddirector
- 2024-11-04➕SEMPLE, Gordon appointeddirector
- 2024-11-04➕WELSH, Hugh appointeddirector
- 2024-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-05🔓Charge satisfied #14
- 2023-09-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-18🔒Charge registered #16Lender: Bank of Scotland PLC
- 2023-07-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-02📄memorandum-articlesincorporation · MA
- 2023-05-02📄resolutionresolution · RESOLUTIONS
- 2023-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-18➖BENNETT, Peter Kenway resigneddirector
- 2023-04-18➖MAAS, Brent Richard resigneddirector
- 2023-04-18🔒Charge registered #15Lender: Cynergy Business Finance Limited
- 2023-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-03🔒Charge registered #14Lender: Hsbc UK Bank PLC
- 2023-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-06➕MAAS, Brent Richard appointeddirector
- 2022-09-01➖SIMONS, Richard Francis resigneddirector
- 2022-02-28🔓Charge satisfied #13
- 2021-08-04➖MUTTER, Gary James resigneddirector
- 2020-06-03➖DEVLIN, Joseph resigneddirector
- 2020-06-03➖RATNESER, Rajiv Virendra resigneddirector
- 2018-11-08🔓Charge satisfied #12
- 2018-10-26🔒Charge registered #13Lender: National Australia Bank Limited
- 2016-12-15➖DOCKRAY, Thomas John resigneddirector
- 2016-12-15➕RATNESER, Rajiv Virendra appointeddirector
- 2016-10-14➖BEATTIE, William resigneddirector
- 2016-05-16🔓Charge satisfied #7
- 2016-03-02🔒Charge registered #12Lender: National Australia Bank Limited Abn
- 2016-02-01➕BENNETT, Peter Kenway appointeddirector
- 2016-01-29➖GALLAGHER, Kevin Thomas resigneddirector
- 2015-12-01➖BERGOMI, Massimo Camillo Giovanni resigneddirector
- 2015-06-05➕BERGOMI, Massimo Camillo Giovanni appointeddirector
- 2015-06-05➕DEVLIN, Joseph appointeddirector
Showing most recent 50 of 103 events
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "WELSH" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — WELSH, Hugh (same surname) appointed 2024-11-04. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Bwa (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Bwa (Holdings) Limited
Corporate parent · holds 75-100% shares
⬇
BOOTH WELSH AUTOMATION LIMITED
This company · 02374159
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bwa (Holdings) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Professional services · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10SJP LIMITED→ 05616826 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 111 KINGSTON ROAD LIMITED→ 14395981 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 121 CAPITAL ADVISORY LIMITED→ 12140277 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 128 KENNINGTON PARK ROAD FREEHOLD LIMITED→ 13583735 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 14 EAST LTD→ 15310106 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 140 PARK LANE (2005) LIMITED→ 05507472 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1509 CONSULTING LTD→ 11013755 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1612 LIMITED→ 15554934 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1618 CAPITAL ADVISORS LTD→ 15394664 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1797 GROUP LTD→ 16676783 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17CAPITAL GP MEMBER LIMITED→ 10553065 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 17CAPITAL NEWCO LIMITED→ 10525159 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1989-04-20
Jurisdictionengland-wales
Primary SIC71121 — Engineering design activities for industrial process and production
Registered office
Suite 1, 7th Floor 50 Broadway
London
SW1H 0BL
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12
Officers (4 active · 24 resigned)
ARMOUR, David John→
Activedirector · ~60y · appointed 2024-11-04
View their other companies + combined net worth →
SEMPLE, Gordon→
Activedirector · ~55y · appointed 2024-11-04
View their other companies + combined net worth →
Active
WELSH, Martin James→
Activedirector · ~62y · appointed 1999-10-31
View their other companies + combined net worth →
BOOTH, Roy James→
Resignedsecretary · resigned 1995-08-21
MCFARLANE, Elizabeth Ann→
Resignedsecretary · appointed 2011-11-09 · resigned 2014-09-04
WELSH, John Bain→
Resignedsecretary · appointed 2007-01-01 · resigned 2011-10-07
WELSH, Martin James→
Resignedsecretary · appointed 1999-10-31 · resigned 2006-12-31
WELSH, Mary Paterson→
Resignedsecretary · appointed 1995-09-08 · resigned 1999-10-31
BEATTIE, William→
Resigneddirector · ~74y · appointed 2007-04-02 · resigned 2016-10-14
BENNETT, Peter Kenway→
Resigneddirector · ~60y · appointed 2016-02-01 · resigned 2023-04-18
BERGOMI, Massimo Camillo Giovanni→
Resigneddirector · ~55y · appointed 2015-06-05 · resigned 2015-12-01
BOOTH, Roy James→
Resigneddirector · ~92y · resigned 1995-08-21
BOWTELL, Gary Norman→
Resigneddirector · ~68y · appointed 2014-09-04 · resigned 2014-12-08
DEVLIN, Joseph→
Resigneddirector · ~75y · appointed 2015-06-05 · resigned 2020-06-03
DEVLIN, Joseph→
Resigneddirector · ~75y · appointed 2002-01-03 · resigned 2014-09-04
DOCKRAY, Thomas John→
Resigneddirector · ~47y · appointed 2014-12-08 · resigned 2016-12-15
FLORENCE, Gavin→
Resigneddirector · ~57y · appointed 2012-06-06 · resigned 2014-09-04
GALLAGHER, Kevin Thomas→
Resigneddirector · ~61y · appointed 2014-09-04 · resigned 2016-01-29
MAAS, Brent Richard→
Resigneddirector · ~50y · appointed 2022-09-06 · resigned 2023-04-18
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
4
Outstanding
2
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 11/02/2026 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 11/02/2026 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 18/09/2023 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 6 properties | 18/04/2023 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 03/04/2023 | 05/06/2024 | |
| satisfied | National Australia Bank National Australia Bank Limited | A registered charge | 1 property | 26/10/2018 | 28/02/2022 | |
| satisfied | National Australia Bank Abn National Australia Bank Limited Abn | A registered charge | — | 02/03/2016 | 08/11/2018 | |
| satisfied | Maven Capital Partners UK (The "Security Trustee") Maven Capital Partners UK LLP (The "Security Trustee") | Debenture | 1 property | 24/05/2012 | 18/09/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of deposit | 1 property | 02/05/2012 | 31/08/2012 | |
| satisfied | John Bain Welsh and Mary Welsh | Debenture | 1 property | 07/10/2011 | 18/09/2014 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 07/10/2011 | 16/05/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 27/08/1997 | 25/07/2012 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Deed of charge | 1 property | 21/05/1993 | 13/10/2011 | |
| satisfied | Enterprise Ayrshire | Bond and floating charge | 1 property | 03/03/1993 | 13/10/2011 | |
| satisfied | Alex Lawrie Receivables Financing Alex Lawrie Receivables Financing Limited | Fixed charge | 1 property | 23/06/1992 | 23/02/2012 | |
| satisfied | Enterprise Ayrshire | Bond and floating charge | 1 property | 24/03/1992 | 10/12/2011 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 19/04/1990 | 25/07/2012 | |
| satisfied | Alex Lowrie Receivables Financing . Alex Lowrie Receivables Financing Limited. | Fixed and floating charge | 1 property | 22/02/1990 | 29/05/1991 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (192 total)
accounts-with-accounts-type-full
accounts · AA
2026-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-full
accounts · AA
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
accounts-with-accounts-type-full
accounts · AA
2024-06-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-21
accounts-with-accounts-type-full
accounts · AA
2023-07-28
memorandum-articles
incorporation · MA
2023-05-02